Chinese Companies Show Interest Towards Bulgarian Infrastructure Projects

Business | November 25, 2015, Wednesday // 12:20
Bulgaria: Chinese Companies Show Interest Towards Bulgarian Infrastructure Projects Bulgaria's Regional Minister Lilyana Pavlova (L) and Transport Minister Ivaylo Moskovski (R). Photo: BGNES

Chinese companies have demonstrated interest towards major infrastructure projects in Bulgaria.

According to Bulgarian Regional Minister Lilyana Pavlova, the Chinese have showed greatest interest towards the Cherno More (Black Sea) motorway, the planned tunnel under Shipka peak and the Ruse-Svilengrad road.

As regards the Ruse-Svilengrad road, the Chinese are more interested in combining the road with the tunnel under Shipka.

The original Bulgarian proposal projects the following route: Ruse – Veliko Tarnovo – Hainboaz Pass – Svilengrad.

Pavlova is part of the Bulgarian delegation of seven ministers headed by Prime Minister Boyko Borisov during their visit to China for participation at the fourth leaders' meeting of Central and Eastern European (CEE)countries and China.

At the forum, the regional minister presented the priorities of Bulgaria and the opportunities for participation in public-private partnership in the construction of infrastructure.

She noted that Bulgaria supports not only the 16+1 initiative, but also the EU-China Connectivity Platform and the One Belt, One Road initiative.

In her words, Bulgaria is to insist on part of the routes of these corridors to pass through the country and the opportunities have been discussed at the forum.

The priority of Bulgaria is to complete its motorway ring and concrete projects for which funding is being sought.

Among these projects are: Hemus and Cherno More motorways, the Sofia-Kalotina, Sofia-Vidin and Ruse-Veliko Tarnovo roads.

Transport Minister Ivaylo Moskovski, who is also in China, added that many countries in Europe and Asia are in favour of restoring the Silk Road, but this will be difficult to complete as it passes through many countries, with some of them experiencing problems.

All Bulgarian infrastructure projects, which could be offered to concession were presented at the forum.

Apart from airports and ports, there is an idea to also offer to concession railway lines such as Ruse-Varna and Vidin-Kulata.

Moskovski added that a concession of Plovdiv Airport is forthcoming.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: CEE, Boyko Borisov, Ivaylo Moskovski, Lilyana Pavlova, Ruse-Svilengrad Road, Shipka Pass, tunnel, Cherno More, Hemus, infrastructure, China, Bulgaria, airport, port, railway, motorway, silk road

Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria